GA > Riverdale > Clayton Ridge
Riverdale, GA 30274,271 Leafwood LN
Riverdale, GA 30274,271 Leafwood LN
Riverdale, GA 30274,271 Leafwood LN
$251,200
Est. payment /mo
9 Beds
3 Baths
2,022 SqFt

UPDATED:

Key Details

Sold Price $251,200

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,022 sqft

Price per Sqft $124

Subdivision Clayton Ridge

MLS Listing ID 10511215

Style Brick Front,Traditional

Bedrooms 9

Full Baths 3

Year Built 1972

Annual Tax Amount $2,434

Tax Year 24

Lot Size 0.286 Acres

Property Sub-Type Single Family Residence

Property Description

This turnkey 9-bedroom, 3-bathroom (2 shared baths) co-living home presents a rare opportunity for investors seeking high monthly cash flow in the Atlanta metro area. Fully renovated and fully occupied through PadSplit, this 2,022 sqft property generates $5,770/month in gross rents with an estimated NOI of $3,300/month and a 15.2% cap rate. Just minutes from major interstates and Hartsfield-Jackson International Airport, Leafwood Lane is ideally positioned for workforce housing, attracting reliable tenants looking to live closer to job hubs. PadSplit is a co-living platform that helps provide affordable housing to working professionals while maximizing returns for property owners. The platform handles tenant screening and onboarding, income verification, rent collection, and provides easy communication and maintenance management tools. If you're unfamiliar with how PadSplit works or want to explore whether this model is right for you, reach out-we'd be happy to walk you through it.

Location

State GA

County Clayton

Interior

Heating Central

Cooling Central Air

Flooring Laminate

Laundry In Basement

Exterior

Parking Features Off Street

Garage Spaces 3.0

Fence Back Yard, Chain Link

Community Features None

Utilities Available Electricity Available, Water Available

View Y/N No

Roof Type Composition

Building

Lot Description Other

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Brown

Middle Schools Pointe South

High Schools Mundys Mill

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Resale

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